Government

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SGInnovate

SGInnovate was created in 2016 by Steve Leonard as a government vehicle focused on deep technology. It sits under the National Research Foundation and...

SGInnovate logo

SGInnovate

SGInnovate was created in 2016 by Steve Leonard as a government vehicle focused on deep technology. It sits under the National Research Foundation and maintains operational ties to Enterprise Singapore. The agency targets early-stage venture and seed investments, including venture debt, and works alongside co-investors such as Temasek Holdings and GIC. Activity spans Singapore, other parts of Asia, Europe, and the United States. No specific portfolio holdings appear in public records. SGInnovate holds membership in the Singapore Venture & Private Capital Association and the Asia Securities Industry & Financial Markets Association. It lists a philanthropic initiative called Deep Tech for Good.

General information

Firm type

Government / Public Body

Year founded

2016

Location

Region

Asia

Country

Singapore

City

Singapore

Corporate office

32 Carpenter Street, Singapore 059911

Principals

Steve Leonard

Founding CEO

Lim Jui

Chief Executive Officer

Sector focus

Venture CapitalDeep Tech

Frequently asked questions

Who runs investment decisions at SGInnovate?

Lim Jui serves as Chief Executive Officer. Steve Leonard founded the agency and acted as its first CEO.

How is SGInnovate related to the National Research Foundation?

SGInnovate operates under the National Research Foundation as a government-owned entity.

Does SGInnovate participate in fund commitments or only direct deals?

SGInnovate makes direct investments in early-stage companies and runs accelerator programs.

Which regions does SGInnovate cover with its investments?

The agency invests in companies located in Asia, Europe, and the United States.

What asset classes does SGInnovate target?

SGInnovate focuses on early-stage venture, seed rounds, and venture debt.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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